How 3 Professional Poker Players Started A $100M/Month Hard Money Loans Company
Hello! Who are you and what business did you start?
Hi, I’m Steve Pollack, co-founder, and CEO of Anchor Loans, a private lending company that began in a spare bedroom in Pico Rivera, California, and has grown into a leader in our industry—operating in 47 U.S. states and D.C.
Our customers are fix and flip entrepreneurs who borrow capital from us to buy distressed properties and fix them up to sell to home buyers. Anchor’s core mission is creating opportunities for success by improving homes and communities and our primary focus is providing an exceptional customer experience for our borrowers.
In 2016 Anchor Loans became the first private lender in the nation to fund more than $1 billion in loans to fix and flip investors in a single year, and we have met or exceeded $1 billion in loan fundings every year since.
Among our most noteworthy accomplishments is the fact that we have been profitable every year since our founding in 1998—particularly through the 2008 economic downturn when many lenders suffered devastating losses.
In 2012 we were operating in a handful of states and we set the goal of growing Anchor into a nationwide industry leader. Before...
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
